New-Car Transaction Prices Climb More Than 1 Percent In June
2014

IRVINE, CA -- July 1, 2014: The data analysts at Kelley Blue Book today
report the estimated average transaction price (ATP) for light vehicles in
the United States was $32,342 in June 2014. New-car prices have increased
by $454 (up 1.4 percent) from June 2013, while increasing $113 (0.4
percent) from last month.

"Most major automakers showed positive growth for June 2014, as the
market continues to shift toward utility vehicles this year," said Alec
Gutierrez, senior analyst for Kelley Blue Book. "SUV and crossover share
increased more than two percentage points in 2014 to comprise one-third of
the market." See detailed table below:

Manufacturer

June
2014 Transaction Price
(Avg.)*

May 2014
Transaction Price (Avg.)*

June 2013 Transaction Price (Avg.)*

Percent
Change May 2014 to June 2014*

Percent Change June
2013 to June 2014*

American Honda (Acura, Honda)

$26,946

$26,825

$27,114

0.4%

-0.6%

Chrysler Group (Chrysler, Dodge,
Fiat, Jeep, RAM)

$33,089

$32,941

$31,841

0.4%

3.9%

Ford Motor Company (Ford, Lincoln)

$34,301

$34,283

$33,800

0.1%

1.5%

General Motors (Buick, Cadillac,
Chevrolet, GMC)

$35,738

$35,801

$33,909

-0.2%

5.4%

Hyundai-Kia

$24,438

$24,426

$23,843

0.0%

2.5%

Nissan North America (Nissan, Infiniti)

$27,502

$27,139

$28,604

1.3%

-3.9%

Toyota Motor Company (Lexus,
Scion, Toyota)

$29,828

$30,139

$29,439

-1.0%

1.3%

Volkswagen Group (Audi, Volkswagen,
Porsche)

$38,640

$39,268

$36,694

-1.6%

5.3%

Industry

$32,342

$32,229

$31,888

0.4%

1.4%

*Kelley Blue Book Average Transaction Prices do not
include applied consumer incentives

"Most notable in June, General Motors posted a solid 5.4 percent
year-over-year gain, helped by its truck and SUV lineup," said Tim Fleming,
analyst for Kelley Blue Book. "The Chevrolet Silverado's average
transaction price is up 7.9 percent, while the new Tahoe and Suburban have
climbed 10 percent from last year."

On the other hand, Nissan North America transaction prices continue to
decline, despite an increase in new-car sales. This is partly due to the
manufacturer's mix, as the share of its smallest cars, the Versa and
Sentra, has eclipsed a quarter of Nissan's sales. The average transaction
price of Nissan's biggest seller, Altima, is down 1 percent
year-over-year.

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